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# July 29, 2016: Oklahoma's Quake Insurance Crisis, Swiss Re Beats and the Climate Apocalypse in One Handy Chart
- URL: https://www.riskmarketnews.com/july-29-2016-oklahomas-quake-insurance-crisis-swiss-re-beats-climate-apocalypse-one-handy-chart/
- Published: 2016-07-29T06:55:54.000Z
- Updated: 2016-07-29T06:55:54.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [Drought-Hit Honduras Needs New Approach to Tackle Extreme Weather – U.N. Envoy](http://news.trust.org/item/20160728160509-qiwpz/?ref=riskmarketnews.com)

#### [Reuters](http://news.trust.org/item/20160728160509-qiwpz/?ref=riskmarketnews.com)

Honduras is highly vulnerable to extreme weather linked to climate change like hurricanes, floods and drought.

### [California Coastline Wildfire Is Big and Getting Bigger](http://abcnews.go.com/US/wireStory/california-coastline-wildfire-big-bigger-40987197?ref=riskmarketnews.com)

#### [AP](http://abcnews.go.com/US/wireStory/california-coastline-wildfire-big-bigger-40987197?ref=riskmarketnews.com)

The California Department of Forestry and Fire Protection estimated it will take until the end of August to extinguish it.

### [Scientists Have Found a Perfect Illustration of How the Climate is Spiraling ‘Out of Control’](https://www.washingtonpost.com/news/energy-environment/wp/2016/07/28/these-climate-spirals-perfectly-illustrate-the-human-hand-in-global-climate-change/?ref=riskmarketnews.com)

#### [Washington Post](https://www.washingtonpost.com/news/energy-environment/wp/2016/07/28/these-climate-spirals-perfectly-illustrate-the-human-hand-in-global-climate-change/?ref=riskmarketnews.com)

A new visualization offers clearer picture of not only the change in global climate but the undeniable human influence on its progression.

### [GMOs Lead the Fight Against Zika, Ebola and the Next Unknown Pandemic](http://phys.org/news/2016-07-gmos-zika-ebola-unknown-pandemic.html?ref=riskmarketnews.com)

#### [Phys.org](http://phys.org/news/2016-07-gmos-zika-ebola-unknown-pandemic.html?ref=riskmarketnews.com)

In the fight against Zika, public health experts have turned to what may sound like an unlikely ally: genetically modified organisms.

## Risk Business: What You Need to Read Today

### [Swiss Re Q2 Profit Slumps on Natural Catastrophes but Beats Expectations](http://www.cnbc.com/2016/07/29/swiss-re-q2-profit-slumps-on-natural-catastrophes-but-beats-expectations.html?ref=riskmarketnews.com)

#### [CNBC](http://www.cnbc.com/2016/07/29/swiss-re-q2-profit-slumps-on-natural-catastrophes-but-beats-expectations.html?ref=riskmarketnews.com)

Swiss Re said it had been able to increase the volume of contracts it signed in the July renewal season through a focus on large and tailored transactions.

### [Oklahoma Insurance Regulators Still Face An Unprecedented Risk](http://www.forbes.com/sites/michaelthrasher/2016/07/28/oklahoma-insurance-regulators-still-face-an-unprecedented-risk/?ref=riskmarketnews.com#d8bfa5b15530)

#### [Forbes](http://www.forbes.com/sites/michaelthrasher/2016/07/28/oklahoma-insurance-regulators-still-face-an-unprecedented-risk/?ref=riskmarketnews.com#d8bfa5b15530)

As a result of an astronomical increase in the number of earthquakes, interest in earthquake insurance has outpaced the market’s natural ability to evolve.

### [The Role of Insurance in Promoting Resilience](http://www.brinknews.com/the-role-of-insurance-in-promoting-resilience/?ref=riskmarketnews.com)

#### [Brink ](http://www.brinknews.com/the-role-of-insurance-in-promoting-resilience/?ref=riskmarketnews.com)

Resilience has become an objective at the federal government level with an executive order and multiple federal agencies all incorporating it as a goal for different policies and programs.

### [Chubb Promotes Kessler to Reinsurance Chief; O’Farrell Exits](http://www.bloomberg.com/news/articles/2016-07-28/chubb-promotes-kessler-to-reinsurance-chief-as-o-farrell-departs?ref=riskmarketnews.com)

#### [Bloomberg](http://www.bloomberg.com/news/articles/2016-07-28/chubb-promotes-kessler-to-reinsurance-chief-as-o-farrell-departs?ref=riskmarketnews.com)

The insurer’s leadership has been shaken up over the past year after Ace agreed to buy Chubb for more than $28 billion.